I believe investors should invest for the long run, so I don't buy and sell. I usually maintain the classic index of global equities, diversified U.S. and global and emerging markets, and when the risk is larger, I diminish the amount in global equities and put more into liquid assets - but very irregularly.

I am not going to say I told you so, but I did.

I am just a normal human being - I am alive! Why is anyone surprised that I am human? Like many New Yorkers, I have a multifaceted life.

All the risky things that were happening back in ’06 and ‘07 are back again to the same level, if not more. So we are in the beginning of a credit bubble, but just the beginning.

We're essentially continuing a system where profits are privatized and...losses socialized.

Once you run current-account deficits, you depend on the kindness of strangers. This might be the beginning of the end of the American empire.

Technology is spurring innovation, and the so-called "demographic dividend" has brought change.